NOT LISTED FOR SALE

2031 Wealthy St SE Grand Rapids, MI 49506

Estimated Value: $477,000 - $649,000

4 Beds
2.5 Baths
2,335 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $417,000 $179 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,666/month

122 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Sun or Florida Room
  • East Grand Rapids High School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of June 2021

Here is your chance to live in the heart of East Grand Rapids. This Charming home is full of character. Minutes to the shores of Reeds Lake. Walking distance to all schools. 4 beds/3rd floor dormer or 4th bed/great room, 2.5 baths. Zoned heating, crown moldings, hardwood flooring. 3 season porch, formal dining with french door to backyard deck. New Kitchen w/stainless appliances, tile flooring, granite counters & lots of storage. Large bath with double sinks, granite counters, cherry cabinets, glass shower w/ separate tub. .2 miles /1 block to downtown EGR, .5 to Reeds LK & restaurants. 5 miles to downtown GR. Less than a block to Blodgett Spectrum, Close to highways, 10 mins to the malls 7 miles to Gerald R Ford International Airpt.

Last Agent to Sell the Property

Julie Fox

Coldwell Banker Schmidt Realtors License #6501339646 Listed on: 04/29/2021

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Candice Strehl

Keller Williams GR East License #6506048218

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1924

Lot Details

  • 6,665 Sq Ft Lot
  • Lot Dimensions are 51 x 131
  • Shrub
  • Property is zoned R1, R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Mineral Rights Excluded

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,356

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • Year Built: 1924
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Partial
  • LivingArea: 2335.0
  • Basement Rooms:Basement Finished SQFT: 400.0
  • Basement Rooms:Total Basement SQFT: 676.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Below Grade Sq Ft: 400.0

Exterior Features

  • Construction Materials: Concrete, Vinyl Siding
  • Exterior Features: 3 Season Room
  • List Price: 417000.0
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 51 x 131
  • Lot Size Sq Ft: 6665.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6355.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 17, 2021
Sold by
Boylan Eugene J
Bought by
Kratz Richard Paul and Kratz Stacy Eileen
Seller's Agent
Julie Fox
Coldwell Banker Schmidt Realtors
Buyer's Agent
Candice Strehl
Keller Williams GR East
Sold Price
$417,000
Total Days on Market
122
Current Estimated Value
$527,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,653
Avg. Annual Appreciation
7.42%
Original Mortgage
$375,300
Outstanding Balance
$345,651
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,931

Purchase Details

Closed on
May 18, 2005
Sold by
Corbeill Andrew N and Corbeill Sandra Lynn
Bought by
Boylan Eugene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,800
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kratz Richard Paul $417,000 Chicago Title Of Mi Inc
Boylan Eugene J $198,500 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kratz Richard Paul $375,300
Previous Owner Boylan Eugene J $262,500
Previous Owner Boylan Eugene J $47,000
Previous Owner Boylan Eugene J $184,500
Previous Owner Boylan Eugene J $60,051
Previous Owner Boylan Eugene James $68,000
Previous Owner Boylan Eugene J $158,800
Previous Owner Corbeill Andrew N $32,000
Previous Owner Corbeill Andrew N $88,800
Previous Owner Corbeill Andrew N $90,000
Closed Boylan Eugene J $39,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $417,000 -27.3% $179 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
04/29/2021 04/29/21 For Sale -- -- --
04/19/2021 04/19/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $573,900 0.0% $246 / Sq Ft
11/30/2017 11/30/17 Rented -- -- --
11/28/2017 11/28/17 Under Contract -- -- --
08/07/2017 08/07/17 For Rent $2,575 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,385 $189,500 $0 $0
2023 $10,451 $165,900 $0 $0
2022 $9,918 $150,700 $0 $0
2021 $6,397 $144,300 $0 $0
2020 $6,050 $147,100 $0 $0
2019 $6,121 $138,000 $0 $0
2018 $6,121 $124,500 $0 $0
2017 $6,049 $112,700 $0 $0
2016 $5,941 $95,600 $0 $0
2015 -- $95,600 $0 $0
2013 -- $90,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21000487

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-203-021